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HIGH ENERGY BATTERIES (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of HIGH ENERGY BATTERIES (INDIA) is 9.28.

Share Price ₹805.6May 24,2024
Market Cap ₹725.0 Cr
Sales-TTM₹78.1 CrTTM-Standalone Results
Price/Sales9.28xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HIGH ENERGY BATTERIES (INDIA)

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of HIGH ENERGY BATTERIES (INDIA) is calculated as :

Current Market Cap [ ₹725.0 Cr] as on May 24,2024

(/) Sales [ ₹78.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 9.28x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for HIGH ENERGY BATTERIES (INDIA) , the investors are currently willing to pay '9.28 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of HIGH ENERGY BATTERIES (INDIA) !

The chart below summarizes the trend in P/S Ratio of HIGH ENERGY BATTERIES (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of HIGH ENERGY BATTERIES (INDIA)


PS Ratio Performance Analysis for HIGH ENERGY BATTERIES (INDIA)

- HIGH ENERGY BATTERIES (INDIA) 's latest p/e ratio is 9.28x.

- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.18x.

- HIGH ENERGY BATTERIES (INDIA) 's operated at median p/e ratio of 3.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIGH ENERGY BATTERIES (INDIA) 's p/e ratio peaked in Mar2024 at 6.9x.

- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.6x.


How does HIGH ENERGY BATTERIES (INDIA) 's P/S Ratio benchmark against top 10 peers in Batteries Industry?

Peer Comparison (Batteries Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HIGH ENERGY BATTERIES (INDIA) 78.19.28725.0
EXIDE INDUSTRIES LTD16,769.72.4140,349.5
AMARA RAJA ENERGY & MOBILITY LTD11,228.21.9722,129.6
HBL POWER SYSTEMS LTD2,025.97.0414,264.5
EVEREADY INDUSTRIES INDIA LTD1,314.31.852,433.9
INDONATIONAL LTD614.90.73446.7
PANASONIC ENERGY INDIA COMPANY LTD280.71.37383.8

Batteries Industry Benchmark (Top 10) PS Analysis vs HIGH ENERGY BATTERIES (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.73x
Max industry PS 9.28x
Median industry PS 1.97x
Average industry PS 3.52x



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